Category: Reuters

SEC charges fund manager Cooperman with insider trading

Reuters Tamar Frankel, School of Law The top U.S. securities regulator on Wednesday charged billionaire investor Leon Cooperman with insider trading, making him the highest-profile target in years in Washington’s ongoing crackdown on illegal trading at hedge funds… Expert quote: “The Cooperman story of insider trading is a familiar one. There is temptation to use such […]

Vaping teens more apt to move on to regular cigarettes: U.S. study

Reuters Michael Siegel, School of Public Health Older teens who try electronic cigarettes have six times the odds of trying regular cigarettes within two years than those who never puffed on the devices, a study published on Monday found… Expert quote: “What’s probably happening is these kids did not become regular vapers, (and) they turned […]

Independence of compliance reviews is questioned in drug firm settlements

Reuters Kevin Outterson, School of Law Some major U.S. drug companies have hired their own auditors to perform compliance reviews mandated in government settlements over alleged civil violations, such as paying kickbacks or off-label drug promotion, according to federal records reviewed by Reuters… Expert quote: “If the goal of this whole thing is to have […]

U.S. e-cigarette use stalls as health concerns grow: Reuters/Ipsos poll

Reuters Michael Siegel, School of Public Health Use of electronic cigarettes and other vaping devices has stalled in the United States as more Americans question their safety, according to a new online Reuters/Ipsos poll… Expert quote: “There have been public health scares, and they are working. They are dissuading a lot of people from trying […]

Big banks lose as U.S. appeals court revives Libor lawsuits

Reuters Keith Hylton, School of Law A U.S. appeals court on Monday revived private antitrust litigation accusing major banks of conspiring to manipulate the Libor benchmark interest rate, in a big setback for their defense against investors’ claims of market-rigging… Expert quote: “The likelihood of the plaintiffs actually having suffered harm is quite speculative in […]

Women’s chemical exposure may cost Europe more than $1 billion

Reuters Elizabeth Hatch, School of Public Health Across the European Union, women’s reproductive health issues from exposure to chemicals that disrupt their hormones may cost the economy more than 1.4 billion euros, or nearly US$1.6 billion, according to a new analysis… Expert quote: “It is extremely difficult to avoid exposure.” View full article